No matter the state you reside in, health insurance is essential for maintaining your family’s security and health. Residents of New Mexico are no exception when it comes to prioritizing their health. Not having health insurance can be disastrous if you fall ill, but it is just as crucial if you are in good health. Health insurance allows you to see your physician for regular testing and physical examinations, which are the first steps in maintaining your wellbeing, especially as you age.
Luckily, enrolling in healthcare is as easy as visiting www.healthcare.gov. The federal government-run website displays multiple options for affordable healthcare in the state of New Mexico.
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How to Buy Health Insurance in New Mexico
The state of New Mexico offers several website where residents can look over health care options before applying through said websites, including:
Health Insurance Carriers In New Mexico
The state of New Mexico offers several different types of government–managed health insurance plans for residents who do not carry employer-based healthcare policies, such as:
- Blue Cross Blue Shield of New Mexico
- Friday Health Plans
- Molina
- Presbyterian Health Plan
- True Health (Bright Health)
- Western Sky Community Care (Ambetter/Centene)
New Mexico Health Insurance Costs Overview
Like most states, New Mexico offers tiered health insurance plans. These plans are categorized in Gold, Silver, and Bronze.
As 2025 data is not yet available, we have used statistics from 2024 to reflect costs so you can have an idea of what to expect.
How Much Does Health Insurance Cost in New Mexico?
In 2024, the average cost of health insurance in New Mexico is $471 per month for an individual.
What is the Cheapest Health Insurance Plan in New Mexico?
The most affordable health insurance plan in New Mexico is the one that suits your needs. Enter your zip code to get started!
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Cheapest New Mexico Health Insurance Coverage by Metal Tier
As 2025 data is not yet available, we have used statistics from 2024 to reflect costs so you can have an idea of what to expect.
Note that all costs are 2024 pricing from KFF. (source)
Gold Plans
The average lowest cost premium of a Gold Plan in New Mexico in 2024 was $377.
Silver Plans
The average lowest cost premium of a Silver Plan in New Mexico in 2024 was $449.
Bronze Plans
For a Bronze plan, the average lowest premium in 2024 was $399.
Other Types of New Mexico Health Insurance Coverage
Catastrophic Health Insurance in New Mexico
Catastrophic health insurance is available in New Mexico via the Friday Catastrophic plan.
Short Term Health Insurance in New Mexico
Short Term Health Insurance is available in New Mexico and typically offers coverage that runs in 12-month intervals. There is a restriction on the renewal of Short Term policies in New Mexico, making residents unable to carry a plan longer than 24 months.
Low Income Health Insurance in New Mexico
Low-income New Mexico residents can apply for affordable health insurance policies through the healthcare.gov website. These policies include Medicaid and the Affordable Care Act.
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Marketplace Average Benchmark Premiums, KFF, accessed 08/16/2023, https://www.kff.org/health-reform/state-indicator/marketplace-average-benchmark-premiums/?currentTimeframe=0&sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D
Average Marketplace Premiums by Metal Tier, 2018-2024, KFF, accessed 08/16/2023, https://www.kff.org/health-reform/state-indicator/average-marketplace-premiums-by-metal-tier/?currentTimeframe=0&sortModel=%7B%22colId%22:%22Average%20Lowest-Cost%20Bronze%20Premium__2022%22,%22sort%22:%22desc%22%7D